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The Krugerrand

The Krugerrand

The Krugerrand is officially a legal tender in South Africa and so a regular coin. The name refers to the Burish general and later president Paul Krüger. The value of the gold coin is defined by the gold price. For the fineness of the Krugerrand gold coin is 916/1000 (22 Carat), the total weight with 33,9 Gram is a little bit higher than a FineOunce (31,1 Gram).